Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources
7 FAIRMEADOWS is a small detached house of 91m², built sometime between 1976 and 1982. It was last sold for £143,000 in January 2020, which was around 40% below the average January 2020 detached price in the Bridgend local authority area. The most recent EPC inspection was January 2014, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows four sales for 7 FAIRMEADOWS since 1st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Bridgend local authority area for the corresponding sale date. All of the four 7 FAIRMEADOWS sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).
Date | Price | HPI Price | Variation from HPI |
---|---|---|---|
2020 31 JAN | £143,000 | £239,638 | 40% below HPI |
2007 5 APR | £150,000 | £190,137 | 21% below HPI |
2000 15 DEC | £62,500 | £89,637 | 30% below HPI |
1995 12 JAN | £59,000 | £68,720 | 14% below HPI |
The below graph shows the average detached house price in the Bridgend local authority area over time, sourced from the HPI. The four 7 FAIRMEADOWS sales between January 1995 and January 2020 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the April 2007 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the January 2020 sale, where it falls to 40% below the HPI. The line then continues to track at 40% below the HPI.
7 FAIRMEADOWS is 91m² according to the EPC inspection conducted in January 2014. This puts it in the smallest 40% of detached houses in Maesteg, based on EPC data. The below chart shows the distribution of detached houses by size in Maesteg, and where 7 FAIRMEADOWS lies on this distribution: 30% of detached houses are smaller than 7 FAIRMEADOWS, and 70% of houses are larger. Note that EPC data is not available for all properties in Maesteg.
7 FAIRMEADOWS sits on a plot of roughly 0.059 of an acre, or 239m². The below map shows the location of 7 FAIRMEADOWS, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 7 FAIRMEADOWS). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.
7 FAIRMEADOWS is located in MAESTEG, in the CF34 postcode district. The below map shows the position of No. 7 on FAIRMEADOWS.